iFundWomen Global Fund For Women

iFundWomen Global Fund For Women Has Teamed Up With Goldman Sachs

As of 2021, it is estimated that there are now 12.3 million women-owned businesses in the United States, employing nearly 9.38 million people and generating over $1.8 trillion in revenues. They are also highly educated: the largest share at 34 percent holds a Bachelor’s degree, while 27 percent have a Master’s and eight percent a Doctorate. 11 percent of respondents have an Associate’s degree and 20 percent a high school diploma or GED.

Between 2007 and 2021, the number of women-owned firms increased by 45%, compared to just a 9% increase among all businesses. Therefore, over the past nine years, the number of women-owned firms has grown at a rate fully five times faster than the national average.

One of the most remarkable trends over the past decade has been the phenomenal growth in the number of firms owned by women of color. As of 2021, there are an estimated 5.7 million African American women-owned firms, employing 852,000 workers and generating $51.4 billion in revenues, which is why Goldman Sachs is investin110 billion dollarsrs in black women over the next 10 years.

According to womenable.com, women are now the majority owners of 39% of the country’s businesses, up from 27% in 2020.

Despite these amazing gains, Women Entrepreneurs still only receive 2-6% of venture capital funding, but that number is a little bit higher now from help from SBA due to the Covid Pandemic. Female entrepreneurs need to be scrappier and work harder than their male counterparts to get funded. We create companies with 50% less capital. We want to change that. We need your help.

iFundWomen is a whole new way of thinking about crowdfunding, because when one woman’s project gets funded, so does another, and so on, and so on.